Federal Reserve Bank of impartiality can not foda themselves. It is obvious the love of bubbles, bubbles, bubbles. Once the bubble is showing signs of deflation the Fed is busy, and the parents of another.
Forst was the Dot Com bubble, which consisted of the AP and then the Federal Reserve System, only Maestro bureaucrat, Alan " Bubbles" Greenspan irrational exuberance of Fame. With spin wizard.
It was Mr. Greenspan, whose plans largely generated by the bubble to the Asian currency crisis in 1997 and 1998. Establish financial shops flooded with liquidity, as Alan and the Fed panic and make money on cheap credit machine flank speed, feature effects.
Impact did a lot of people because they are rich. At least for a while. Who would have thought that the phenomenal amount of surplus liquidity of financial markets find rammed their way into the stock market size and fuel dot com bubble?
Of course, this is not Alan Greenspan. In the era. Twenty- something hip Techies with commitment plan jotted down on the napkin could raise billions compassed three martini lunch.
Na, it was fun, though it lasted. The disadvantage was not as sweet as investors and pitch to fire the public, who were invested in the company, 401K plans to open the site in detail the value of their holdings, not only to zero in some cases reached zero, during the whole year or two after the Fed style bubble popped.
After 9 / 11 tragedy Fed gang bis panic. such as our dear Bubbles guy, a wonderful old Alan took the relationship to 1% , and kept them there for a sustained time.
O boy! Bubble is formed. See EMINENT slightly above the super cheap money that flowed real gardening delikatessaffarer. Up, up and went for the price.
In the end, henhouse, prices can only go up and up and uncustomarily in California and Florida, and Las Vegas, Nevada, a plot detail GA up a little more, right?
What a man, a real orgy. Husa Gare across the country, to make the rich, started to suck billions and billions out of their homes in the ideology kreditloften and garden with its own local toting cost of housing in the real bubble is fully equipped, at a rate of 15% , 20% , 25% or more of Al.
It was a great match. You can use your home, not unlike an ATM, and the cows and buy a new SUV and big flat TV. And millions of Americans have tried this and much more.
Surprise, surprise. The combination of large SASONGARBETARE The massive use of household SA compact and a lot of spending Spree caused Americans already reduced equity in their homes than ever before. And the dubious record was reached during the boom period, mind you.
Zoowie! Now it was a very fun party. Her creation of sparks just south prime mortgage bubble and the expansion of the derivatives boom.
For the dude!
dr gold newtown
christopher rich and silver star
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment